Key points from the Chancellor

Measures included in yesterday's Budget include:

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The amount of headroom the UK Government has against the Chancellor's day-to-day spending rule will widen to £21.7 billion in 2029/30, almost £12 billion more than in March.

The 5p cut in fuel duty will remain in place until September 2026, when it will be reversed through a staggered approach.

Drivers of battery electric cars will be hit by a 3p per mile tax from April 2028, with the charge to rise annually with inflation.